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November 2016 Storm Utility FundOver 2016 November YTD (Under)% Budget Actual Actual Budget Current Revenue Interest Earnings 45,000 0 33,540 (11,460)74.53%(1) Storm Sewer Charges 2,275,000 191,651 1,992,636 (282,364)87.59% Bassett Creek Watershed 810,930 0 510,314 (300,616)62.93% Miscellaneous Receipts (Debt Proceeds)5,692,000 5,612 24,362 (5,667,638)0.43% State Grant - Other 0 4,500 5,253 5,253 Total Revenue 8,822,930 201,763 2,566,105 (6,256,825)29.08% Expenses: Storm Utility 9,045,465 225,450 3,197,175 (5,848,290)35.35%(2) Street Cleaning 126,420 12,136 79,491 (46,929)62.88% Environmental Control 323,260 16,835 220,566 (102,694)68.23% Debt Service Payments 170,985 0 929,826 758,841 543.81%(3) Total Expenses 9,666,130 254,421 4,427,058 (5,239,072)45.80% (1) Interest Earnings are allocated at year-end. (2) Depreciation is allocated at year-end and. (3) This included the bond payment to pay off the storm bonds early. City of Golden Valley Monthly Budget Report - Storm Utility Enterprise Fund November, 2016 (unaudited)